News archive

  • Total Closes the Maersk Oil Acquisition and Becomes the Second-Largest Operator in the North Sea

    Paris - Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources, mainly in the OECD countries, and a production of about 160,000 barrels of oil equivalent per day (boe/d) in 2018, ramping up to more than 200,000 boe/d by the early 2020s.

  • Our People Are Our Primary Wealth

    Over time, I have seen the unexpected challenges and opportunities that arise in the oil and gas industry — and how we can deal with them. They make it unlike any other. We invest billions, we invest for many years and at the same time we are just price takers. Geological, technical, operating, geopolitical and price risks: no industry faces the same combination of risks.

  • What motivates our acquisition of Maersk Oil?

    We are embarking on an exciting new chapter of Total’s history with the announcement of the takeover of the Danish company Maersk Oil for $7.45 billion.

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